Blog
How NW Tucson Taxpayers Can Wisely Spend A Tax Refund
By the time you read this, the tax deadline will have just passed and our NW Tucson tax office will be taking a long, deep breath. (Serenity now!) These days have been a whirlwind of activity for us here at MJM Income Tax, and not just because of tax season. The...
How NW Tucson Retirees Can Stretch That Retirement Fund
You might not feel this as much in your bones as we do here, but the tax deadline is getting very close. This year, for reasons that at this point in our season would take way too long to explain, the tax deadline is April 18th (not 15th).We’re...
MJM Income Tax’s Perspective on Tax Filing Extensions
Today’s issue we’re diving into tax filing extensions… and NW Tucson people do this for all kinds of reasons. Truthfully, extended deadlines and delays have been pretty commonplace in the tax world over the last few years. Sometimes life smacks you in the face and you...
2021 Tax Credits NW Tucson Taxpayers Can Bank On
Believe me, I’ve seen some of the craziest tax claims in my office over the years, but claiming captured military equipment hasn’t been one of them. Recently the Ukrainian government assured its people they wouldn’t be held liable for taxation on any Russian...
Tax Identity Theft Protection Tips for NW Tucson Taxpayers
Change is sneaky… and (often) sudden, catching the best of us off guard and forcing us to scramble for some steady ground. Just consider the war in Ukraine. We’ve all been surprised by how quickly things have escalated in the last two weeks and by the devastation...
Factors Affecting NW Tucson Taxpayers’ 2021 Tax Refund
The world seems to be hanging on a razor's edge.There’s a lot of fear going around with Russia’s invasion of Ukraine last week. With a 24-hour news cycle, a heap of different internet sources, social media feeds, and more, it’s difficult to not give in to it all… and...
How to Reduce Taxes in Retirement: MJM Income Tax’s Pro Advice
Before I get into today’s discussion on how to reduce taxes in retirement, let’s talk about the combined excitement of the Super Bowl, the Olympics, and Valentine’s Day that has swept NW Tucson homes and businesses the past week. A surge of football parties, hours...
Retirement Contribution Tax Deductions for NW Tucson Filers
So, I’m not one for constant gloom-and-doom talk, but I do believe in giving it to you straight. And here it is:Things at the IRS are a maelstrom of hot mess. Some very serious voices are sounding the alarm of impending disaster at the agency ... and no one really...
Pros and Cons of Long-Term Care Insurance: MJM Income Tax’s Guide
Before I get into discussing the pros and cons of long-term care insurance, let’s talk about the weather… yeap… the weather.Warm and sunny temps marked the holiday season for most of the US in 2021, ruining visions of a white Christmas. Now, at the beginning of 2022,...